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“CoreWeave” reported quarterly revenue of $3.66 billion, up 168% year over year and ahead of analysts’ expectations of $3.55 billion, despite its net loss widening to $709 million. The company raised its 2026 outlook to revenue of $13 billion to $13.3 billion and adjusted operating income of $1.275 billion to $1.375 billion, both above analysts’ estimates. The value of its contracts and future revenue backlog also rose to $132.5 billion, while its shares edged up slightly in after-hours trading.
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